Capital humain, productivité manufacturière et croissance économique dans les pays de l’UEMOA
Human capital, manufacturing productivity and economic growth in WAEMU countries
MPRA Paper from University Library of Munich, Germany
The objective of this work is to analyze the relationship between human capital and productivity in manufacturing industries, by studying their direct link to economic growth. Based on annual data from the countries of the West African Economic and Monetary Union (WAEMU), taken between 2000 and 2016, we apply the Pooled Mean Group method for our estimates. The results show that productivity in manufacturing industries is unlikely to support sustainable economic growth through human capital. In this respect, the increase in tertiary and secondary enrolment rates and the quality of training will have a positive impact on manufacturing production and economic growth. Since public spending on education is low, it has a perverse effect on manufacturing productivity. But increasing public spending on education would mitigate this perverse effect.
Keywords: Industrial development; human capital; public expenditure and education; Africa. (search for similar items in EconPapers)
JEL-codes: H52 J24 O14 O55 (search for similar items in EconPapers)
Date: 2018-07-10, Revised 2018-10-12
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:89450
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